News Release
EnerGulf Reports Drilling Operations Continue On Block 1711
HOUSTON, TX - July 21, 2008 - EnerGulf Resources Inc. (TSX-V:ENG; EKS-Frankfurt)
EnerGulf Resources Inc. reports Sintezneftegaz, the operator of the Kunene #1 well on Block 1711 offshore Namibia, has advised drilling operations are continuing beyond the originally proposed targeted depth of 4,400 meters.
The Republic of Namibia has classified the Kunene #1 as a ?tight hole?, meaning no information regarding the well may be released until such time as the Namibian government determines to make the information public.
EnerGulf Resources Inc. is a publicly traded international oil and gas exploration company focused on maximizing shareholder value by targeting high impact opportunities in the world?s most prospective hydrocarbon regions.
On Behalf of the Board of Directors of
ENERGULF RESOURCES INC.Jeff Greenblum, CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. Certain disclosure in this release constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to EnerGulf's operations as an oil and gas exploration company that may cause future results to differ materially from those expressed or implied by those forward-looking statements and readers are cautioned not to place undue reliance on these statements.
EnerGulf Resources Inc.
200 - 675 West Hastings Street, Vancouver BC, V6B 1N2
Tel: 604.408.1990 Fax: 604.608.4822
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Energulf Resources Inc
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CODE : ENG.V |
ISIN : CA29266X1050 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Energulf is a and oil exploration company based in Canada. Energulf holds various exploration projects in Namibia. Its main asset in production is LOTSHI BLOCK in Congo Dem. Rep. of and its main exploration property is KUNENE in Namibia. Energulf is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 1.6 millions, € 1.4 millions). Its stock quote reached its highest recent level on September 30, 2005 at CA$ 6.65, and its lowest recent point on July 05, 2017 at CA$ 0.02. Energulf has 99 320 000 shares outstanding. |